Income tax calculator South Korea

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,258 원
Income Tax
- 15.61 원
Local Tax
- 1.56 원
National Pension
- 56.61 원
National Health Insurance
- 49.36 원
Employment Insurance
- 11.32 원
Total tax
- 134 원
Net pay
* 1,124 원
Marginal tax rate
10.7%
Average tax rate
10.7%
89.3%
Net pay
10.7%
Total tax
Total tax
Net pay
The Taxberg
1,124 원
Net pay
241 원
Tax the employer pays
134 원
Tax you pay
Total tax paid
375 원
Did you know your employer also pays tax on your salary? It costs the employer 241 원 to pay you 1,258 원. In other words, every time you spend 10 원 of your hard-earned money, 2.98 원 goes to the government.
Real tax rate
25.0%
So, with you and the employer both paying tax, what used to be a 10.7% tax rate now rises to 25.0%, meaning your real tax rate is actually 14.3% higher than what it seemed at first.
People also ask
1,258 원 yearly is how much per hour?
0.60 원 hourly is how much per year?
Summary
If you make 1,258 원 a year living in South Korea, you will be taxed 134 원. That means that your net pay will be 1,124 원 per year, or 93.63 원 per month. Your average tax rate is 10.7% and your marginal tax rate is 10.7%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 원 in your salary will be taxed 10.69 원, hence, your net pay will only increase by 89.31 원.
Bonus Example
A 1,000 원 bonus will generate an extra 893 원 of net incomes. A 5,000 원 bonus will generate an extra 4,466 원 of net incomes.
Compare average tax
Tax per income
1,500 원
2,000 원
2,500 원
3,000 원
3,500 원
4,000 원
4,500 원
5,000 원
5,500 원
6,000 원
6,500 원
7,000 원
7,500 원
8,000 원
8,500 원
9,000 원
9,500 원
10,000 원
10,500 원
11,000 원
North America
Country 
Net pay
Average tax
Rank
Canada
KRW 1230
1.6%
1
USA
KRW 1140
9.0%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 1228
2.4%
1
Puerto Rico
KRW 1168
6.7%
2
Brazil
KRW 1164
7.6%
3
Colombia
KRW 1157
8.0%
4
Ecuador
KRW 1140
9.0%
5
Guatemala
KRW 1137
9.6%
6
Costa Rica
KRW 1126
10.5%
7
Panama
KRW 1125
11.1%
8
Peru
KRW 1101
12.5%
9
Argentina
KRW 1044
17.0%
10
Chile
KRW 1037
17.6%
11
Uruguay
KRW 1030
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 1245
1.0%
1
Angola
KRW 1220
3.0%
2
Morocco
KRW 1173
6.8%
3
Cameroon
KRW 1061
15.6%
4
Nigeria
KRW 1051
16.4%
5
Kenya
KRW 1258
3,639.8%
6
Uganda
KRW 1195
5.0%
7
Ghana
KRW 1189
5.5%
8
Zambia
KRW 1183
6.0%
9
Ivory Coast
KRW 1164
7.5%
10
Senegal
KRW 1258
172.1%
11
Mozambique
KRW 1258
937.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 1258
0.0%
1
Saudi Arabia
KRW 1259
0.0%
2
United Arab Emirates
KRW 1196
4.9%
3
Qatar
KRW 1196
4.9%
4
Lebanon
KRW 1170
7.0%
5
Oman
KRW 1170
8.6%
6
Bahrain
KRW 1158
8.8%
7
Kuwait
KRW 1099
11.1%
8
Israel
KRW 1092
13.1%
9
Turkey
KRW 1060
15.8%
10
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NOTE* Withholding is calculated based on the tables of South Korea, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.